Fidji Simo, the current CEO of Instacart, is set to join OpenAI as CEO of Applications, the company announced on May 7.
Startup Bangladesh Limited (SBL), the government-backed venture capital arm of the ICT Division, has announced a strategic investment in Shikho, an EdTech startup, in a move aimed at accelerating the adoption of AI-driven learning tools across Bangladesh on May 7.
Bangladeshi aerospace company DhumketuX has officially unveiled Bidrohi, a domestically built commercial sub-orbital space rocket made in Bangladesh, on 29 April.
River, a US-based technology company founded by Bangladeshi-American entrepreneurs, has acquired Wind, a blockchain-based payments application created by Hussain M Elius, the former CEO of Pathao.
A controversial artificial intelligence (AI) startup that began as a tool for cheating in job interviews has secured $5.3 million in seed funding, despite its founders being suspended from Columbia University over its creation.
Bangladeshi-led startup Octolane secures $2.6M to launch the world’s first self-driving AI CRM, transforming how sales teams engage with customers.
Two former OpenAI researchers have joined Thinking Machines Lab, the new artificial intelligence venture launched by ex-OpenAI CTO Mira Murati. Bob McGrew, OpenAI's former chief research officer, and Alec Radford, a key researcher behind the GPT technology, are now advising the startup, as per the company's official website.
Bangladesh Bank Governor Dr Ahsan H. Mansur today announced two major funds to support the country’s startup ecosystem during the ongoing Bangladesh Investment Summit 2025.
Zomato, one of India's leading food delivery and quick-commerce companies, has raised $1 billion through institutional investors in its first major funding round since its 2021 IPO.
Nebius Group, an artificial intelligence (AI) infrastructure company, has recently announced that it has raised $700 million in a private funding round led by Nvidia, venture capital firm Accel, and accounts managed by Orbis Investments, according to a recent report by Reuters.
Ampeco, an electric vehicle (EV) charging software solution provider, has recently raised $26 million in a Series B funding round led by Revaia, an investment company.
Amazon has poured another $4 billion into Anthropic, the artificial intelligence startup behind the chatbot Claude. This new funding doubles Amazon’s total investment in the startup to $8 billion.
Tally Solutions, a business management software provider, concluded the fourth edition of Tally MSME Honours 2024 in Bangladesh announcing 25 winners in 5 categories on 14 November at Capital’s Raddison Blu Water Garden Hotel.
Greg Brockman, co-founder of ChatGPT parent OpenAI, has rejoined the artificial intelligence powerhouse three months after stepping down from his role as president.
Perplexity AI, a California-based search startup, is close to raising $500 million in new funding, which would value the company at around $9 billion. The latest funding round will be led by venture capital firm Institutional Venture Partners (IVP), which also has a seat in the startup.
OpenAI, the company behind the popular ChatGPT, is reportedly in discussions with the California attorney general’s office to change its corporate structure to a for-profit model, according to Bloomberg News. This potential shift would mark a significant change for OpenAI, which was originally established as a non-profit research organisation in 2015.
Actor and director Olivia Wilde, known for her roles in Tron: Legacy and Don’t Worry Darling, has taken on a new role as a venture capitalist, reports Bloomberg.
Sierra, a Silicon Valley-based AI startup co-founded by Bret Taylor, former Salesforce co-CEO and current OpenAI Chairman of the Board, has secured $175 million in a new funding round, giving the startup a $4.5 billion valuation.
